Common use of Consideration to Maha-Metro Clause in Contracts

Consideration to Maha-Metro. The consideration to Maha-Metro shall consist of Annual License Fees, payable as per the terms of the License Agreement. The Annual License Fees shall be charged on actual area handed over to the selected bidder / licensee.

Consideration to Maha-Metro. a. The consideration to Maha-Metro shall consist of Annual License Fees, payable as per the terms of the License Agreement. The Annual License Fees shall be charged on actual area handed over to the selected bidder / licensee. b. The Annual License fee as applicable for the base year shall be computed as follows –